Key Tax Rate Changes
Exempt from GST:
- Sanitary pads
- Deities made of stone, marble or wood
- Raakhis, without any precious metals
- Raw material used in brooms
- Commemorative coins circulated by the RBI or government
- Saal leaves
- Fortified milk
From 12 percent to 5 percent:
- Handloom dari
- Fertiliser grade phosphoric acid
From 28 percent to 18 percent:
- Lithium-ion batteries reduced
- Vaccum cleaners
- Food grinders, mixers
- Shavers, hair clippers
- Storage water heaters
- Electric smoothing irons
- Water cooler
- Ice cream freezer
- Refrigerators
- Hand dryes
- Cosmetics
- Perfumes
- Scents
- Paint
- Varnishes
Other changes:
- GST on ethanol sold to oil companies for blending with petrol and diesel reduced to 5 percent from 18 percent earlier
- GST on imported urea reduced to 5 percent
- GST on E-books reduced to 5 percent from 18 percent
- GST for hotels to be charged on the actual price that the customer pays and not on the declared tariffs
